New tax-free threshold regulations

Posted on November 28, 2016 by admin

Poland’s parliament introduced amendments to the bill on tax-free threshold. According to the proposals put forward by the Senate, people with low income will be exempted from paying income tax. The current tax-free threshold in Poland is 3,091 PLN. This week, the parliament worked on the bill keeping the amount on the same level for 2016 and 2017. The bill was passed through the Sejm, the lower chamber of Polish parliament, and went to the Senate. The body could have left the bill in Read more

Ministry is preparing for a mobile revolution

Posted on November 23, 2016 by admin

The Ministry of Digital Affairs held a press conference to present its new plans concerning the future of Polish identity cards and other official documents. As the world is becoming more and more mobile, so are public institutions. Soon, Poles will be able to leave many of their personal documents at home and use their phones instead. “MDocuments” (mobile documents) is the name of a programme of digitalising documents and enabling mobile access to them. The aim is to allow ordinary Read more

“Business constitution”: what is not legally forbidden, is permitted

Posted on November 21, 2016 by admin

Deputy Prime Minister, Minister of Finance and Development Mateusz Morawiecki presented “Constitution for business” at Congress 590 in Rzeszów. The key assumptions of the document are to facilitate running a business in Poland. PiS government is suggesting numerous practical support solutions that should make entrepreneurs happy. Operations on the smallest scale without mandatory registration, 6 months without social insurance contributions for new companies and numerous tax simpli Read more

Special rights for companies important for the defence

Posted on November 17, 2016 by admin

The Ministry of National Defence prepared a new bill on organising defence tasks executed by entrepreneurs and the programme of economy mobilisation imposing new obligations for companies important for the defence, in return for, among other things, a 10% tax credit on input CIT. The Ministry wants the new regulations to replace the 15-year old act on organising national defence tasks realised by entrepreneurs. The norms regarding the programme of economy mobilisation (PMG) have been ex Read more

Retirement age reform passed through the Sejm

Posted on November 16, 2016 by admin

Bringing the retirement age in Poland down was a promise made in the last general elections campaign. Despite the warnings of numerous experts, who call the move unreasonable, the government is dedicated to keep the word and pass the reform through the Parliament. 262 MPs voted in favour of the bill, 149 voted against it, 19 abstained from the vote. For many years, the retirement threshold for Polish men was 65 and for Polish women 60. The reform of Donald Tusk’s government increased Read more

EU – Canada trade agreement signed

Posted on November 14, 2016 by admin

European Union and Canada signed the Comprehensive Economic and Trade Agreement, or CETA. It will remove approximately 99 percent of customs duties in trade between the parties, most of non-tariff barriers and liberalise trade in services. The document was signed by the Prime Minister of Canada Justin Trudeau, President of the European Council Donald Tusk, President of the European Commission Jean-Claude Juncker and the Prime Minister of Slovakia, currently holding the presidency of the Read more

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